Crypto Startup Mira Raises $9 Million to Build Decentralized AI Infrastructure
The Block•1 year ago•
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Crypto Startup Mira Raises $9 Million to Build Decentralized AI Infrastructure

Crypto & Startups
Crypto
AI
Startup
Decentralization
Funding
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Summary:

  • Mira, a crypto-AI startup, raises $9 million in seed funding to build decentralized AI infrastructure.

  • The funding round was co-led by Bitkraft Ventures and Framework Ventures, with participation from prominent investors.

  • Mira's platform aims to simplify AI app development by providing a toolkit with preconfigured instructions and enabling developers to monetize their contributions.

  • The startup's first ecosystem app, Klok, is a crypto chatbot currently in closed beta.

  • Mira plans to launch its own blockchain to record all platform transactions and is expanding its team.

Mira: A Crypto Startup Revolutionizing AI Infrastructure

Mira, a crypto-AI startup focused on building decentralized machine-learning infrastructure, has emerged from stealth and secured $9 million in seed funding. The round was co-led by Bitkraft Ventures and Framework Ventures, with participation from notable investors like Accel, Mechanism Capital, Folius Ventures, and AJ Scaramucci's SALT Fund.

Founded earlier this year, Mira aims to address the gap between the rapid pace of AI development and the infrastructure available to developers. Co-founder Karan Sirdesai, formerly an investor at Accel, explained that Mira's decentralized platform provides a toolkit with preconfigured instructions, simplifying AI app development and enabling developers to monetize their contributions.

Key features of Mira's platform:

  • Decentralized AI infrastructure: Allows developers to build AI-native apps quickly and efficiently.
  • Library of workflows: Provides a toolkit with preconfigured instructions to simplify AI app development.
  • Community-driven development: Developers can contribute and monetize their contributions to the platform.
  • Transparent attribution and settlement: Ensures every stakeholder understands the value flows within the network.

Mira's first ecosystem app, Klok, is a crypto chatbot built on 500+ static and real-time datasets and is currently in closed beta.

The startup plans to launch its own blockchain to record all platform transactions, though it's undecided whether it will be a Layer 1 or Layer 2 blockchain. Mira currently employs 25 people in Singapore and India and plans to expand its team further.

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